Sony and Apollo make formal $26-billion joint bid for Paramount

May 2, 2024 · The Sony Pictures Entertainment lot in Culver City. (Jay L. Clendenin / Los Angeles Times) Sony Pictures Entertainment and Apollo Global Management have officially put in a bid …

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Sony And Apollo Make Formal $26-billion Joint Bid For Paramount

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May 2, 2024 · The Sony Pictures Entertainment lot in Culver City. (Jay L. Clendenin / Los Angeles Times) Sony Pictures Entertainment and Apollo Global Management have officially put in a bid …

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Sony Pictures, Apollo Offer To Buy Paramount For $26 Billion In Cash

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May 2, 2024 · In the latest twist in Paramount Global’s M&A saga, Sony Pictures Entertainment and Apollo Global Management have made a bid to take Paramount private with an all-cash …

variety.com

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Sony, Apollo Make $26 Billion All-Cash Offer For Paramount

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Sony Pictures and Apollo Global Management have submitted an all-cash, $26 billion offer for Paramount Global, marking the second time the private-equity firm has come in with a bid for …

wsj.com

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Sony And Apollo Express Interest In Buying Paramount In $26 …

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May 2, 2024 · Sony Pictures Entertainment and the private equity giant Apollo Global Management have formally expressed interest in acquiring Paramount for roughly $26 billion, …

nytimes.com

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Sony And Apollo Make $26 Billion Cash Offer For Paramount: Report

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May 2, 2024 · Sony Pictures and Apollo Global Management Inc. have submitted a $26 billion cash offer for Paramount Global. The bid - the second by private-equity giant Apollo (APO) - …

morningstar.com

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Sony-Apollo Backs Away From $26 Billion Paramount Bid But …

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Sony Pictures Entertainment and Apollo Global Management gain access to the studio’s nonpublic financial information, The New York Times reports The post Sony-Apollo Backs …

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Sony And Apollo Make Formal $26-billion Joint Bid For Paramount

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May 2, 2024 · Adding to the intrigue around Paramount Global, Sony Pictures Entertainment and Apollo Global Management have formally submitted a bid for the storied studio. Sony and …

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Sony And Apollo Make $26 Billion Cash Offer For Paramount: Report

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May 2, 2024 · Sony Pictures and Apollo Global Management Inc. have submitted a $26 billion cash offer for Paramount Global. The bid — the second by private-equity giant Apollo APO — …

marketwatch.com

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Sony-Apollo Bid For Paramount Could 'Bring More To The Table' …

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Apr 26, 2024 · In addition to Skydance, Apollo Global Management made a $26 billion all-cash offer for Paramount, though that bid was reportedly rebuffed due to concerns about financing.

thewrap.com

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Hudson-Bergen Light Rail To Get New Operator In Major $1.5 …

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Dec 4, 2024 · The New Jersey Transit Board of Directors selected Puerto Rico-based ACI-Herzog JV and awarded them the $1.5 billion contract. The incoming operator will be responsible for …

jerseydigs.com

FAQs about Sony and Apollo make formal $26-billion joint bid for Paramount Coupon?

Why did Sony and Apollo bid $26 billion for Paramount global?

Sony and Apollo Global Management have submitted a $26 billion cash bid for Paramount Global, according to sources, in a joint bid that escalates the bidding war for the entertainment giant. Why it matters: The offer comes as an exclusive negotiating window for a complex rival offer for Paramount from Skydance Media closes on Friday. ...

Is Sony mulling a joint bid for Paramount global?

Word emerged last month that Sony was mulling a joint bid with Apollo for the entirety of Paramount Global. Apollo had previously offered more than $27 billion for Paramount Global (including debt) and prior to that floated an $11 billion offer for just Paramount Pictures. ...

Will Sony buy Paramount for $26 billion?

Mark Abramson for The New York Times Sony Pictures Entertainment and the private equity giant Apollo Global Management have formally expressed interest in acquiring Paramount for roughly $26 billion, according to two people familiar with the matter, a move that adds drama to an already chaotic deal making process. ...

Will Sony & Apollo discuss a $26 billion cash offer?

Partners Sony and Apollo have formally reached out to Paramount ‘s special board committee asking to discuss a potential $26 billion cash offer, Deadline has learned. It comes as Par’s exclusive negotiating window with David Ellison ‘s Skydance is set to expire. Paramount share are up more than 13% on the news. ...

What's going on with Sony Pictures Entertainment & Apollo Global?

The Sony Pictures Entertainment lot in Culver City. (Jay L. Clendenin / Los Angeles Times) Sony Pictures Entertainment and Apollo Global Management have officially put in a bid for Paramount Global, as competition for the storied film and TV company continues to heat up. ...

Will Sony & Apollo buy Paramount global?

Sony and private-equity giant Apollo submitted a letter with the non-binding offer Wednesday to Paramount Global, as first reported by the New York Times and the Wall Street Journal. The bid, which would include the assumption of debt and could be negotiated, would be a premium over the company’s current $22 billion enterprise value. ...